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Business, 02.08.2019 09:00 makaylamsikahema

Asmall company wishes to set up a fund that can be used for technology purchases over the next 6 years. their forecast is for $18,000 to be needed at the end of year 1, decreasing by $2,000 each year thereafter. the fund earns 9% per year. how much money must be deposited to the fund at the end of year 0 to just deplete the fund after the last withdrawal? $ round entry to the nearest dollar. the tolerance is ±4.

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Asmall company wishes to set up a fund that can be used for technology purchases over the next 6 yea...
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